WASHINGTON - (04/12/05) -- The Federal Reserve and the Bureauof Engraving and Printing have started working with ATMmanufacturers to make sure they are ready for the new $10 bill. Theredesigned notes will be issued in early 2006 as part of theFederal Reserve's attempt to thwart counterfeiters. ATMmanufacturers were invited to the Bureau of Engraving's ForthWorth, Texas, plant last month and brought their ATMs along withthem to test the bill on their machines. The Bureau of Engraving'spolicy is to give ATM manufacturers advance information about newbill designs, so they can make the necessary technical adjustmentsto their machines. The note tested at Fort Worth only containedaround 50% of the new features that eventually will appear in theredesigned bill. In mid-July, the Bureau of Engraving and Printingwill invite ATM manufacturers to its facilities at Fort Worth andWashington, to pick up a copy of the fully redesigned thebill.
-
Jack Dorsey's payments company also laid off employees early in 2025 and 2024 following a self-imposed employee cap of 12,000 in November 2023.
8m ago -
Kohler Credit Union, Think Bank and Communication Federal Credit Union gave their onboarding and direct deposit tech an upgrade through fintech partnerships.
6h ago -
To address a budget deficit, the state of Washington has begun taxing credit unions that buy banks. Critics say there's just one problem: The tax will deter any such acquisitions from happening.
6h ago -
Some distressed companies that tapped the Federal Reserve's Main Street Lending Program say they've been crushed by the agency's hard-line stance on modifications.
7h ago -
Threat group ShinyHunters claimed responsibility for the attack, which reportedly targeted third-party platforms rather than Betterment's own systems.
February 6 -
Artificial intelligence developments are stoking investor fears about software companies. Banks' limited exposure to the sector and general stability is proving attractive to investors.
February 6





